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USD/JPY - Dollar Yen

USD/JPY - Dollar Yen

Short term (Intraday)

107,14. USD JPY is in an downtrend directed by 4H exponential moving averages. USD JPY is in a consolidation after the last bearish movement. USD JPY is in a range between 105,50 and 107,20. Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The consolidation should continue. The price should find a resistance below 107,20. If the resistance is broken then the target will be 108,20 (110 pips).

Resistances
107,20 - 108,20
Supports
106,50 - 106,00
updated 24 janv 2008 21:45 GMT +02:00

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